Central Depository Services (India) Limited (CDSL) announced the appointment of Shri Gurumoorthy Mahalingam (DIN: 09660723), a Public Interest Director, as Chairperson on its Governing Board.
- The appointment is effective from July 30, 2025.
- SEBI approved this appointment via its letter SEBI/HO/MRD/RAC-2/P/OW/2025/14057/1 dated May 26, 2025.
- Shri Gurumoorthy Mahalingam has a professional career spanning over four decades across the financial sector regulators, including the Reserve Bank of India (RBI) and the Securities & Exchange Board of India (SEBI).
- At RBI, his roles included financial market development, regulation and operations, foreign exchange reserves management, debt management, and regulation and supervision of banks. He also served as Chief Dealer and Executive Director in-charge of forex market interventions and management of forex reserves.
- As a Whole-time Board Member of SEBI from 2016 to 2021, he gained wide experience regulating Mutual Funds, Stock exchanges, Listed companies, foreign portfolio investors, corporate governance, and stock and derivatives markets. He also supervised investigations and enforcement actions.
- He is currently chairing the SEBI Advisory Committees on Secondary Markets and Corporate Bond Markets.
- Mahalingam holds a Master's in Statistics and Operations Research from IIT Kanpur and an MBA in International Banking and Finance from Birmingham Business School, UK.